Acceptable Obligors definition

Acceptable Obligors means any Person listed or Affiliated Group on Schedule 2 to the First Lien Facilities (as modified from time to time in accordance with Section 2.17 thereof) and such other Persons that are acceptable to the lenders under the First Lien Facilities (or, at any time after the First Priority Obligations Payment Date, the Lenders) in their reasonable discretion.
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Acceptable Obligors means any Person or Affiliated Group listed on Schedule 1.2 hereto (as modified from time to time in accordance with Section 2.16).
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Acceptable Obligors means the Acceptable Domestic Account ------------------- Debtors, the Acceptable Foreign Account Debtors and the Acceptable Major Account Debtors.
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Examples of Acceptable Obligors in a sentence

  • The following Schedules and Exhibits are attached to this Agreement and are incorporated herein by this reference: Schedule A - Seller's Chief Executive Offices Schedule B - Acceptable Obligors Schedule C - Form of Receivable Verification Letter Exhibit I - Forms of Opinions of Counsel Exhibit II - Form of Receivables Purchase Settlement Statement Exhibit III - Seller's Payment Terms Exhibit IV - Seller's Collection Procedures Exhibit V - Form of Monthly Status Report Section 13.12.


More Definitions of Acceptable Obligors

Acceptable Obligors means any Person listed or Affiliated Group on Schedule 2 hereto (as modified from time to time in accordance with Section 2.17 hereof) and such other Persons that are acceptable to the Lenders in their reasonable discretion.
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Acceptable Obligors shall be the Persons listed on Schedule 4 hereto and such other Persons or Affiliated Groups that are acceptable to the Lenders in their reasonable discretion; provided, however, that the Administrative Agent may from time to time by written notice to the Borrower (which notice shall be prospective only, i.e., to the extent that removing such Person or Affiliated Group from the Acceptable Obligor list would otherwise result in a mandatory prepayment by the Borrower, such removal shall not be given effect for purposes of such mandatory prepayment, but such removal shall nevertheless be effective for all other purposes under the definitive loan documentation immediately upon the Borrower’s receipt of such notice) delete such Person or Affiliated Group as the Administrative Agent, acting in good faith, may in its discretion deem appropriate; and provided, further, that to the extent practicable any such notice of deletion of any such Person of Affiliated Group shall include a statement of the Administrative Agent of the reasons for such deletion, it being understood that the absence of or any inadequacy in such statement shall not render such notice of deletion invalid.
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Acceptable Obligors. Limit: Acceptable Domestic Account Debtor Corus/Superchannel 1,500,000
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Acceptable Obligors means any Major Studio and any other Persons identified on Schedule 2.13(a) with respect to Covered Pictures and Schedule 2.13(b) with respect to Covered Television Product (as modified from time to time in accordance with Section 2.13).
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Related to Acceptable Obligors

  • Eligible Obligor On any date of determination, any Obligor that:

  • L/C Supportable Obligations means and includes obligations of the Borrower or its Subsidiaries incurred in the ordinary course of business as are reasonably acceptable to the Administrative Agent and the respective Letter of Credit Issuer and otherwise permitted to exist pursuant to the terms of this Agreement.

  • Eligible obligation means an obligation issued or incurred by an authority or by a municipality on behalf of an authority before August 19, 1993 and its subsequent refunding by a qualified refunding obligation. Eligible obligation includes an authority’s written agreement entered into before August 19, 1993 to pay an obligation issued after August 18, 1993 and before December 31, 1996 by another entity on behalf of the authority.

  • Eligible Obligations means (a) with respect to Securities denominated in Dollars, Governmental Obligations; or (b) with respect to Securities denominated in a currency other than Dollars or in a composite currency, such other obligations or instruments as shall be specified with respect to such Securities, as contemplated by Section 2.01.

  • Deliverable Obligation means an obligation referred to in a Synthetic Security as the "Deliverable Obligation" which is deliverable upon termination prior to the scheduled maturity thereof.

  • Acceptable Bank means (a) a bank or financial institution which has a rating for its long-term unsecured and non credit-enhanced debt obligations of A- or higher by S&P or A2 or higher by Moody's or a comparable rating from an internationally recognized credit rating agency; or (b) any other bank or financial institution approved by each Agent.

  • Deliverable Obligation Category means Bond or Loan.

  • Acceptable Counterparty means any counterparty to the Interest Rate Cap Agreement that has and shall maintain, until the expiration of the applicable Interest Rate Cap Agreement, a long-term unsecured debt rating of at least “A+” by S&P and “Aa3” from Xxxxx’x, which rating shall not include a “t” or otherwise reflect a termination risk and is otherwise reasonably acceptable to Lender.

  • Acceptable Insurance Default shall have the meaning assigned to such term or analogous term in the Servicing Agreement.

  • Acceptable Collateral means any of the following assets of Borrower, if (x) held in or credited to any Collateral Account subject to a first priority Lien under the applicable Security Agreement and (y) the Collateral Requirement has been satisfied with respect thereto:

  • Acceptable Flag Jurisdiction means the Bahamas, Bermuda, Panama, the Xxxxxxxx Islands, the United States or such other flag jurisdiction as may be acceptable to the Required Lenders in their reasonable discretion.

  • Acceptable Intercreditor Agreement means the Intercreditor Agreement, a Market Intercreditor Agreement, or another intercreditor agreement that is reasonably satisfactory to the Administrative Agent (which may, if applicable, consist of a payment “waterfall”).

  • Blocked Account Bank means each bank with whom deposit accounts are maintained in which any funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Blocked Account Banks means the banks with whom deposit accounts are maintained in which material amounts (as reasonably determined by the Administrative Agent) of funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Collateral Fund Permitted Investments Either (i) obligations of, or obligations fully guaranteed as to principal and interest by, the United States, or any agency or instrumentality thereof, provided such obligations are backed by the full faith and credit of the United States, (ii) a money market fund rated in the highest rating category by a nationally recognized rating agency selected by the Company, (iii) cash, (iv) mortgage pass-through certificates issued or guaranteed by Government National Mortgage Association, FNMA or FHLMC, (v) commercial paper (including both non-interest-bearing discount obligations and interest-bearing obligations payable on demand or on a specified date), the issuer of which may be an affiliate of the Company, having at the time of such investment a rating of at least A-1 by Standard and Poor's ("S&P") or at least F-1 by Fitch IBCA, Inc. ("Fitch") or (vi) demand and time deposits in, certificates of deposit of, any depository institution or trust company (which may be an affiliate of the Company) incorporated under the laws of the United States of America or any state thereof and subject to supervision and examination by federal and/or state banking authorities, so long as at the time of such investment either (x) the long-term debt obligations of such depository institution or trust company have a rating of at least AA by Fitch or S&P, (y) the certificate of deposit or other unsecured short-term debt obligations of such depository institution or trust company have a rating of at least F-1 by Fitch or A-1 by S&P or (z) the depository institution or trust company is one that is acceptable to either Fitch or S&P and, for each of the preceding clauses (i), (iv), (v) and (vi), the maturity thereof shall be not later than the earlier to occur of (A) 30 days from the date of the related investment and (B) the next succeeding Distribution Date as defined in the related Pooling and Servicing Agreement.

  • Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).

  • Deposit Account Bank means a financial institution at which a Deposit Account is maintained.

  • Credit Enhancer means the Credit Enhancer identified in the Adoption Annex.

  • Convertible Obligation means any obligation that is convertible, in whole or in part, into Equity Securities solely at the option of holders of such obligation or a trustee or similar agent acting for the benefit only of holders of such obligation (or the cash equivalent thereof, whether the cash settlement option is that of the issuer or of (or for the benefit of) the holders of such obligation).

  • Guarantor of Payment means each of the Companies set forth on Schedule 2 hereto, that are each executing and delivering a Guaranty of Payment, or any other Person that shall deliver a Guaranty of Payment to Agent subsequent to the Closing Date.